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president obama and house speaker john boehner meeting at the white house just minutes from now. my thoughts on the talks, the fed, and that cliff hanger, right after this. let's give thanks - for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save yo
president obama and house speaker john boehner meeting at the white house just minutes from now. my thoughts on the talks, the fed, and that cliff hanger, right after this. let's give thanks - for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in...
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Dec 13, 2012
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president obama's meeting with house speaker john boehner this hour. john, what should we expect? >> we expect the meeting to last something less than an hour between the speaker and the president of the united states. a republican leadership aide told me the meeting is taking place because a shakeup is required in budget talks, given the inflexibility of the white house. question is going to be, what is that shakeup? the speaker wants and republicans have been the demanding more details from the white house on potential cuts and entitlement programs. the white house has shown no willingness to go further than they've already gone and they are winning this argument in terms of public opinion. so, another possibility for a shakeup is for republicans to some how give ground and we'll see whether that happens on decoupling top tax rates, 98% of american families. we're going to have to see what happens and if we hear from john boehner and president obama after this meeting which will probably only do if some breakthrough occurs. >> all right, john, thank you. keep us posted. we will
president obama's meeting with house speaker john boehner this hour. john, what should we expect? >> we expect the meeting to last something less than an hour between the speaker and the president of the united states. a republican leadership aide told me the meeting is taking place because a shakeup is required in budget talks, given the inflexibility of the white house. question is going to be, what is that shakeup? the speaker wants and republicans have been the demanding more details...
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meet at the white house today at 5:00 p.m. eastern right after -- right after the closing bell, bill. >> right after. >> the point is the house has said they are going away for a long weekend tomorrow, and here we have boehner -- >> wait, don't go yet. >> getting this meeting in at 5:00 p.m., and it's amazing the market came halfway back just on that announcement. not that we have details of a deal, not that we know that we're having an agreement. just the fact that they are meeting. >> actually i thought they would come off the loews much more. >> you did. >> cut it in half, but it stalled here. >> we need more detail. it is encouraging. >> yeah. >> that they are talking. i mean, as long as you've got them in the same room. now, you know, john boehner has said he's leaving tomorrow, come hell or high water. he's going back home to get red for christmas. he says, you know, there is a telephone. >> not leaving for a long weekend. >> you can negotiate over the telephone? >> can't do it. >> no credibility. can't do it. >> i'm gue
meet at the white house today at 5:00 p.m. eastern right after -- right after the closing bell, bill. >> right after. >> the point is the house has said they are going away for a long weekend tomorrow, and here we have boehner -- >> wait, don't go yet. >> getting this meeting in at 5:00 p.m., and it's amazing the market came halfway back just on that announcement. not that we have details of a deal, not that we know that we're having an agreement. just the fact that they...
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this is not really boehner negotiating with obama or the democrats. and i think that's the way it's going to continue to be. so i really distrust anything that any of these guys are saying at a podium because i think there is a much deeper-level conversation going on. and again, if this is just based on what i read and hear, i don't have any other information, but, you know, i don't get the sense that things are quite so dire or quite so close at any given time. i think it's just really the media trying to pick up on clues and hints. and that's really hard to do. >> maybe the market itself is trying to pick up on clues and hints as well. we're in negative territory across the board. it's not like we've gone off another cliff, if you will, in the stock market, but we're certainly not where many thought we would be or even should be after what the fed chairman had to say yesterday in the more accommodative policy that's continuing to come from the central bank. >> there's two conversations. number one first is the fiscal cliff. and i think the market it
this is not really boehner negotiating with obama or the democrats. and i think that's the way it's going to continue to be. so i really distrust anything that any of these guys are saying at a podium because i think there is a much deeper-level conversation going on. and again, if this is just based on what i read and hear, i don't have any other information, but, you know, i don't get the sense that things are quite so dire or quite so close at any given time. i think it's just really the...
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. >> president obama and house speaker john boehner spoke by phone wednesday, but there's been no announcement by either side of any upcoming face to face budget talks. earlier the president told the business round table a deal to avoid the fiscal cliff could be reached quickly if republicans drop their opposition to raising tax rates on the wealthy. in an interview on cnbc, timothy geithner says the gop is making a little bit of progress, but the white house is absolutely ready to go over the cliff if tax rates on the top 2% don't rise. >> i want to understand the administration's position when it comes to raising taxes on the wealthy, those making more than $250,000. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. again, there is no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. remember, it's only 2%. >> with both sides in washington publicly digging in their heels, how much will the fiscal cliff impact the credit markets? ben garber joins us for more. ben, good morning. clea
. >> president obama and house speaker john boehner spoke by phone wednesday, but there's been no announcement by either side of any upcoming face to face budget talks. earlier the president told the business round table a deal to avoid the fiscal cliff could be reached quickly if republicans drop their opposition to raising tax rates on the wealthy. in an interview on cnbc, timothy geithner says the gop is making a little bit of progress, but the white house is absolutely ready to go...
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president obama and house speaker john boehner spoke by phone tuesday. after exchanging new proposals, aides confirm the president gave boehner a revised offer on behind, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports suggest the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. which it hasn't done before. in an interview with abc news, the president says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill in this town that recognize our economy will be much better off, american families will be much better off, f we get this done. the most important thing we can do is make sure that middle-class taxes do not go up on january 1, and i'm confident that republicans would not hold middle-class taxes hostage to try to protect tax cuts for high-income individuals. >> and you can see president obama's full inter
president obama and house speaker john boehner spoke by phone tuesday. after exchanging new proposals, aides confirm the president gave boehner a revised offer on behind, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports suggest the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. which it hasn't done before. in...
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Dec 10, 2012
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president obama and speaker john boehner met at the white house on sunday to discuss the impending fiscal cliff. neither offered details about the discussion, but both said the lines of communication remain open. is the fiscal cliff end game finally approaching? joining us now is ben white, politico's chief economic correspondent. ben, maybe it's good news they didn't come out and say, we're so far apart. >> it's a good sign. any time that boehner doesn't come out and say, we're nowhere, that's good. these things are going to get done in private. both sides need to leap off a bridge here. the republicans need to some how figure out how they're going to let the top rates go up. democrats need to swallow some changes to entitlement programs, raising the retirement age or changes. the less we hear, the better, in the next few days on the negotiations. as soon as you hear leaks saying these guys are too far apart, that's the problem. if we hear nothing, that's actually pretty good. >> are we starting to see the beginning of the gop move into the center with the comments over the weekend from
president obama and speaker john boehner met at the white house on sunday to discuss the impending fiscal cliff. neither offered details about the discussion, but both said the lines of communication remain open. is the fiscal cliff end game finally approaching? joining us now is ben white, politico's chief economic correspondent. ben, maybe it's good news they didn't come out and say, we're so far apart. >> it's a good sign. any time that boehner doesn't come out and say, we're nowhere,...
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president obama and house speaker john boehner spoke by phone on tuesday, exchanging new proposals. the president gave boehner a revised offer on monday, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. that hasn't been done before. in an exclusive interview with barbara walters of abc news, president obama says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill in this town that recognize our economy will be much better off. american families will be much better off if we get this done. the most important thing we can do is make sure that middle-class taxes do not go up on january 1. and i'm pretty confident that republicans would not hold middle-class taxes hostage to try to protect tax cuts for high-income individuals. >> prediction -- are you going to be able to raise taxes,
president obama and house speaker john boehner spoke by phone on tuesday, exchanging new proposals. the president gave boehner a revised offer on monday, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. that hasn't been done before. in an exclusive...
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any christmas plans. 75% of americans would accept raising taxes on the wealthy as president obama is demanding. if the u.s. does go over the fiscal cliff, more would blame republicans than the president, although 56% say they would equally apportion the blame. >>> let's take a quick look at what's on the agenda for the u.s. jobly claims are expected to show a small gain. retail sales and prices. the core scloeding autos slightly lower on the month. producer prices are seen falling .5%. for the core there, inching up when you exclude food and energy. at 10:00 a.m., we include business inventories. plenty to keep investors butsy today. and the results of italy's latest debt auction are due next. just how confident are investors? we'll find out when we come back. and we can save you 10% on ground shipping over the ups store. look this isn't my first christmas. these deals all sgreaat t. but later... [ shirt ] merry christmas, everybody! not so much. ho ho ho! this isn't that kind of deal. [ male announcer ] break from the holiday stress. on ground shipping at fedex office. >>> houston,
any christmas plans. 75% of americans would accept raising taxes on the wealthy as president obama is demanding. if the u.s. does go over the fiscal cliff, more would blame republicans than the president, although 56% say they would equally apportion the blame. >>> let's take a quick look at what's on the agenda for the u.s. jobly claims are expected to show a small gain. retail sales and prices. the core scloeding autos slightly lower on the month. producer prices are seen falling...
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also on the radar this morning, after president obama and house speaker john boehner both were tight-lipped how the negotiations went. the co-founder of the fix the debt campaign, he was asked about the chances of striking a deal to avoid the cliff. >> it's probably more like a 40% chance we'll actually get it done before the end of the year. probably 25% chance we'll get it done right after the end of the year. and then there's that horrible 35% chance that we'll still go over the cliff and have pure chaos. but i think the chances of getting it done now are better. i think that's what's key. >> be sure to tune in tomorrow for the fiscal cliff coverage live from washington. mission critical, rise above d.c., all day long. becky quick, jim cramer, maria bartiromo holding their feet to the fire about where they stand on the fiscal cliff and how they'll do their part to rise above partisan politics and reach a deal. now, there are some bowles comments. 40%, yeah, but the odds are much better. they're still 35% chance it will not happen. it's not exactly confidence building. >> not necessarily
also on the radar this morning, after president obama and house speaker john boehner both were tight-lipped how the negotiations went. the co-founder of the fix the debt campaign, he was asked about the chances of striking a deal to avoid the cliff. >> it's probably more like a 40% chance we'll actually get it done before the end of the year. probably 25% chance we'll get it done right after the end of the year. and then there's that horrible 35% chance that we'll still go over the cliff...
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and the senate. >> of course, last time, speaker boehner did a deal with obama. it was actually rejected by the rest of the gop, and the whole thing fell apart. how significant is it as boehner looks to make room amongst your party for a compromise that he's removed four outspoken cob serve tiffs from the high profile committees in the new congress? >> i don't know if that has much to do with the deal coming up, or threats to force people to make a deal. but he's got a difficult job, no doubt. but i think we all know, as republicans, there's going to be additional revenue, as much as any of us want to resist it. there's going to be additional revenue. the question really is, and the ball is really in the president's court, how much are we going to deal with the spending side. remember, if the president gets everything he wants, that's only about $82 billion in revenue next year. with a deficit of, what, $1.2 trillion. so it really is the spending that matters most right now. and that's what we haven't seen a good plan for. >> sessions also told the "times" this m
and the senate. >> of course, last time, speaker boehner did a deal with obama. it was actually rejected by the rest of the gop, and the whole thing fell apart. how significant is it as boehner looks to make room amongst your party for a compromise that he's removed four outspoken cob serve tiffs from the high profile committees in the new congress? >> i don't know if that has much to do with the deal coming up, or threats to force people to make a deal. but he's got a difficult...
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it seems to me that boehner is increasingly des sfroot try to get something out of the white house. if you look what the we now learn on the tuesday night conversation, they were emphasizing how far apart they were. and the reality is that obama has a very, very strong hand here, doesn't he, because if we go over the fiscal cliff and all taxes go up, he just on day one of congress comes back to them and says, okay, i now want to pass legislation to cut taxes for those earning less than 250,000. what are the republicans going to do not pass a tax cut? it seems to me that he has got all the cards here. >> well, more and more republicans are coming to that conclusion, simon. we saw even yesterday, john cornyn, very conservative senator of texas, chaired the senate campaign committee said at the end of the day, we are going to have to extend these tax cuts for people under $250,000 bob corker said the same thing, tom cole in the house said the same thing h the question's going to be how do you get members of the house republican caucus to vote that way? many of them are from very conser
it seems to me that boehner is increasingly des sfroot try to get something out of the white house. if you look what the we now learn on the tuesday night conversation, they were emphasizing how far apart they were. and the reality is that obama has a very, very strong hand here, doesn't he, because if we go over the fiscal cliff and all taxes go up, he just on day one of congress comes back to them and says, okay, i now want to pass legislation to cut taxes for those earning less than 250,000....
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>> well, i think there is a certain -- on both your houses if that happens. but look, it is clear, president obama has the high side of public opinion in a macro level. >> but, john, to campaign individual districts? for me, that bothers me. i understand ginning up public support, but beaches and campaigns, it's govern, govern, govern, stay in washington, be with these people. govern. getting people to -- i'm getting e-mail every day. i got one from -- i don't know, from his people, joe, call your congressman, call your congressman. and i finally wrote back on one of them. you're still campaigning? would you please start governing? and they sent something back to me, if you have comment on policy, snd it to this meal. but i finally sent it back and said would you please just -- you're in. you're in for four more years. you don't need the cross-section of the united states behind you. as you say, i've got to pen. you won re-election. now govern, now lead. >> but, joe, from the white house point of view, which they feel was indicated by what happened in the ele
>> well, i think there is a certain -- on both your houses if that happens. but look, it is clear, president obama has the high side of public opinion in a macro level. >> but, john, to campaign individual districts? for me, that bothers me. i understand ginning up public support, but beaches and campaigns, it's govern, govern, govern, stay in washington, be with these people. govern. getting people to -- i'm getting e-mail every day. i got one from -- i don't know, from his people,...
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bill daley was the white house chief of staff under president obama during the debt ceiling negotiations last year. mr. daley, thank you very much for joining us this morning. >> thanks for having me. >> reporter: we were just trying to figure out what to make of this. all morning long we've been saying it's relatively good news that we haven't within hearing from the principalprincipals. what does it mean now that speaker boehner is going to be addressing the house at noon. >> i think it's a strong sign there is movement. i don't know that. i'm not on the inside. i don't know what's going on. i doubt the speaker is going to stand up and speak to the body and say nothing's happening and we're not going anywhere and just give a partisan speech. so i'm hopeful that that's what this means. i think it would be damaging to a process that has been basically as it was in '11, a pretty quiet going process kept in secret if all the sudden this becomes anything but that process. i think a very public negotiation does not help getting this done. in what is a relatively very short period to sort of
bill daley was the white house chief of staff under president obama during the debt ceiling negotiations last year. mr. daley, thank you very much for joining us this morning. >> thanks for having me. >> reporter: we were just trying to figure out what to make of this. all morning long we've been saying it's relatively good news that we haven't within hearing from the principalprincipals. what does it mean now that speaker boehner is going to be addressing the house at noon....
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president obama going off republicans on the looming fiscal cliff on the weekly radio address. accusing the house of blocking a bill aimed at year end middle tax cuts. >> they put forward an unbalanced plan that lowers rates for the wealthiest americans. >> if we want to protect the middle class, the math didn't work. >> meanwhile, florida senator marco rubio delivering the response, prosperity should come through job creation and smaller debt not taxes. >> we must get the debt under control. taxes will not control our debt. >> both sides of the issue. i'm jamie colby, back to cavuto on fox business, only on the fox news channel. >> what's the deal with the guy wearing sunglasses and saying nothing? >> and all over again in michigan, protesting the right to work bill. the scene almost identical to wisconsin last year and that state's battle over collective bargaining and then, what's going on? >> and i think it's always tough for unions to admit they've lost allure. i'm a union man and i know charlie is very fond of unions. we love unions, but we want people to have the right t
president obama going off republicans on the looming fiscal cliff on the weekly radio address. accusing the house of blocking a bill aimed at year end middle tax cuts. >> they put forward an unbalanced plan that lowers rates for the wealthiest americans. >> if we want to protect the middle class, the math didn't work. >> meanwhile, florida senator marco rubio delivering the response, prosperity should come through job creation and smaller debt not taxes. >> we must get...
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so far this week, president obama and house speaker john boehner have spoken twice. boehner says differences remain and he's told lawmakers not to make plans for the week after christmas, which means we'll probably be here, too, including susan mcginnis in washington this morning with the latest. susan, good morning to you. >> hi. good morning, terrell. as the white house continue to fail at coming to a conclusion on the budget, this fiscal cliff is not waiting for the end of the year. it's affecting america today. well, even santa claus is upset. santa claus showed up on capitol hill wednesday, urging congress and the white house to strike a deal to avoid the looming fiscal cliff before christmas. >> it's discouraging that our elected leadership in congress can't come together to get the job done for the american people. >> reporter: both sides say it's putting a damper on the holidays. >> i think it's going to be extremely difficult to get it done before christmas. ? . >> in anticipation, there is no agreement. congressional leaders told lawmakers not to make holid
so far this week, president obama and house speaker john boehner have spoken twice. boehner says differences remain and he's told lawmakers not to make plans for the week after christmas, which means we'll probably be here, too, including susan mcginnis in washington this morning with the latest. susan, good morning to you. >> hi. good morning, terrell. as the white house continue to fail at coming to a conclusion on the budget, this fiscal cliff is not waiting for the end of the year....
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. >>> president barack obama and house speaker john boehner do not seem to be any closer on averting that fiscal cliff. ben bernanke said the lack much progress is already causing problems for the u.s. economy. >>> governor jerry brown will continue to work a full schedule while he has prostate cancer. he is being treated and when he meat with them in san jose... >> one would never have known there are health issues going on in that 74-year-old body and we actually enjoy the conversation. >> brown will be treated with radio therapy and the prognosis is excellent and the treatment will be completed januarypth you -- january 7th. we also have the full statement released by his office, just look for the hot topic section. >> let's go to sal because something is happening on the bay bridge the san mateo bridge, the traffic so far has not been too too adversely affected -- too adversely affected. we also have more light coming into san francisco from oakland. looking at the west bay, no problems problems as you go to 880. >>> what we have is a cold air mass. a cool and breezy day today. a
. >>> president barack obama and house speaker john boehner do not seem to be any closer on averting that fiscal cliff. ben bernanke said the lack much progress is already causing problems for the u.s. economy. >>> governor jerry brown will continue to work a full schedule while he has prostate cancer. he is being treated and when he meat with them in san jose... >> one would never have known there are health issues going on in that 74-year-old body and we actually enjoy...
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obama at the white house today. okay? at 3:30 eastern, not a lot of hours left and daylight here, but getting together according to a white house official. we'll see if the markets make a better comeback at the moment. well off lows, same with the s&p and nasdaq, a tough day for most of this. okay, 5 p.m., now we have the number, the time, 5 p.m., john boehner going to the white house for a meeting, according to wire reports. the airline industry has become infamous for losing money, but spirit airlines created a flight pattern to consistent profits. ben, spirit airlines ceo joining me now in a fox business exclusive going into the holiday travel season, and following the story now for a better part of a couple years, finding it absolutely fascinating, and airline able to do this embracing nickel and diming. tell me first how is the airline situation looking going into the christmas two weeks before? >> well, great to see you again, liz, and merry christmas, and, you know, christmas, the christmas hanukkah season is
obama at the white house today. okay? at 3:30 eastern, not a lot of hours left and daylight here, but getting together according to a white house official. we'll see if the markets make a better comeback at the moment. well off lows, same with the s&p and nasdaq, a tough day for most of this. okay, 5 p.m., now we have the number, the time, 5 p.m., john boehner going to the white house for a meeting, according to wire reports. the airline industry has become infamous for losing money, but...
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gerri: tracy: hello, i am tracy byrnes for a president obama is meeting at the white house right now. a meeting called by the white house. a little bit strange since earlier today. speaker boehner left the capital and the white house said the ball was in speaker boehner square. rich edson is on the white house with the latest. were they talking about? this on a day when president obama said i have cut $1 trillion already in spending. that was part of last summer's budget deal. but he says that i am willing to do a lot more cuts in spending. you have a willingness to do spending cuts, a willingness from john boehner to raise revenues. however, we have been stuck on the details of this thing for the past two weeks here. the past three weeks or longer. the white house is putting an offer on the table. they were far apart in spending cuts. our part in revenues and the way they do increase tax revenues. republicans say no to any tax rate increase. how speaker john boehner says they will do it by limiting deductions next year. what the white house wants is an immediate tax rate increase on
gerri: tracy: hello, i am tracy byrnes for a president obama is meeting at the white house right now. a meeting called by the white house. a little bit strange since earlier today. speaker boehner left the capital and the white house said the ball was in speaker boehner square. rich edson is on the white house with the latest. were they talking about? this on a day when president obama said i have cut $1 trillion already in spending. that was part of last summer's budget deal. but he says that...
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president obama, house speaker john boehner held another phone call last night. here is speaker boehner on that. >> there were some offers that were exchanged back and forth yesterday. and the president and i had a pretty frank conversation about just how far apart we are. >> as we mentioned just last hour, take a look at the graph, these two sides have moved closer on taxes over the last couple of weeks. speaker boehner offered up $800 billion in new tax revenues after insisting on none. the president just this week, he's come down a little bit to $1.4 trillion but still no dice. no deal. cnn's sandra endo is standing by at reagan national airport, across the potomac from washington. so, sandra, if we hit this fiscal cliff, all the spending cuts kick in, what effect will that have on air travel? >> reporter: the big unknown is still how it will affect the everyday traveler. and that is certainly something a lot of people here are wanting to figure out. as for the air traffic controllers union, they released a statement this afternoon saying that it would be a ma
president obama, house speaker john boehner held another phone call last night. here is speaker boehner on that. >> there were some offers that were exchanged back and forth yesterday. and the president and i had a pretty frank conversation about just how far apart we are. >> as we mentioned just last hour, take a look at the graph, these two sides have moved closer on taxes over the last couple of weeks. speaker boehner offered up $800 billion in new tax revenues after insisting on...
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eric holder, barack obama say no. >> not doing it, right. they've spent $1.5 million over the past two years the house g.o.p. and paul clement spent $1.5 million defending this. that's your tax dollars going to work fellas. just want you to know. and they've reached their cap now. so apparently they can't do more. so i don't know what they're going to do. >> bill: they'll give them more money. >> they'll have to go back and get more money. it is really amazing that that kind of money is going into defending this thing. >> bill: i don't want to be defending doma. >> right. >> so the other case they took -- everybody expected them to take the doma case, right? it has been declared unconstitutional ten times. that section in particular. and but the other case was the proposition 8 case. most legal observers thought that the supreme court would stay away from taking what's known as the perry case, commonly called the perry or prop 8 case. this case is -- the case where california voters invalidated same-sex marriage -- >> bill: the supreme court
eric holder, barack obama say no. >> not doing it, right. they've spent $1.5 million over the past two years the house g.o.p. and paul clement spent $1.5 million defending this. that's your tax dollars going to work fellas. just want you to know. and they've reached their cap now. so apparently they can't do more. so i don't know what they're going to do. >> bill: they'll give them more money. >> they'll have to go back and get more money. it is really amazing that that kind...
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talks as the two side are farther apart than they were last summer when debt talks between president obama and john boehner fell apart. republicans and democrats have new debt proposals on the table. the speaker says there are still serious differences. >> the president is calling for $1.4 trillion -- that cannot pass the house or the senate. >> force is a question of balance. we are willing to make sure everyone in america sacrifices a little. even those who have been struggling. liz: congress is running out of time to get this wrapped for christmas. the speaker would have to cover significant ground giving congress the week it needs to write, sell land pass any deal next week. aides say they are not close to a compromise. house majority leader eric cantor says republicans are prepared to work on this on the way up to the new year. cheryl: so much for christmas eve in eric cantor's household. thank you very much. much of the dismay of unions, michigan governor rick snyder has given the final stamp of approval and signed right to work legislation in that state. is making mich. the 24 right
talks as the two side are farther apart than they were last summer when debt talks between president obama and john boehner fell apart. republicans and democrats have new debt proposals on the table. the speaker says there are still serious differences. >> the president is calling for $1.4 trillion -- that cannot pass the house or the senate. >> force is a question of balance. we are willing to make sure everyone in america sacrifices a little. even those who have been struggling....
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and, you know, but it is the washington coverage, obama versus mcchrystal and competent address coming, petraeus and replacing mcchrystal and what is the troop going to be, 10,000, 40,000, and, you know, it is superficial, i am only going to talk about my own coverage, that is superficial coverage and that is what i was doing. it is political, and it is treating troops as if we are talking about, you know, manufacturing, you know, some sort of toy, 40,000, 20,000, and for whatever reason, combat outpost keating slapped me out of that, i can't explain it, and i just had to know more about who these eight men were that were killed, why is there this mystery, why would anybody put an outpost there what is it like to wake up and be facing and out numbering force, seven to eight, seven to eight or one of ferocious taliban fighters, all of these things that i had just kind of not paid any attention to. >> rose: so at the end of the day it is a story about what? >> >> at the end of the day, it is a story about reckless decisions by commanders and unbelievably heroic and selfless troops. >> ro
and, you know, but it is the washington coverage, obama versus mcchrystal and competent address coming, petraeus and replacing mcchrystal and what is the troop going to be, 10,000, 40,000, and, you know, it is superficial, i am only going to talk about my own coverage, that is superficial coverage and that is what i was doing. it is political, and it is treating troops as if we are talking about, you know, manufacturing, you know, some sort of toy, 40,000, 20,000, and for whatever reason,...
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if labor is taken way from the democrats, barack obama might not be in the white house. you can just ask karl rove. >> they lost 612,000 union members in 2010 alone. now think about it. every one of the 612,000 people had union dues going into the political coffers of their union to spend on politics. so yeah, you keep having couple 100,000 people each year, if a half million people leave the labor movement every year, and pretty soon you start having a crimp in the political budgets of these unions, it has a direct effect on the presidential. >> let's crimp the political budgets throughout, and the way we can do that is pass a right-to-work law that will tell union members that they real hi don't have to pay dues. that way they're not going to pay them, and that way it's going to reduce their resources even more. it's going to shake the foundations of the democrats even more. the koch brothers are saying who is making all the phone calls? who is doing all the social networks stuff. where are they getting money for that? they're getting it from the unions. without labor,
if labor is taken way from the democrats, barack obama might not be in the white house. you can just ask karl rove. >> they lost 612,000 union members in 2010 alone. now think about it. every one of the 612,000 people had union dues going into the political coffers of their union to spend on politics. so yeah, you keep having couple 100,000 people each year, if a half million people leave the labor movement every year, and pretty soon you start having a crimp in the political budgets of...
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john boehner and president obama meeting face to face at the white house yesterday. first time they've had direct talks in more than three weeks. with 22 days until we go over the cliff and congress set to go on holiday break on friday. neither side is discussing details of the talks. both agree the line of communication remain open. >>> no sign of a north korean rocket launch, yet. they announced a 13-day window for a possible long-range rocket launch. the window opens today. they claim it's a peaceful bid to advance their space program, but the u.s. sees it as more ominous and is threatening sanctions if the launch takes place. >>> a very festive and busy sunday at seattle city hall. 133 same-sex couples tied the knot in seattle on the day gay marriage became legal in washington state. sara and emily koefert the first couple to get married at 12:04 a.m. the same-sex couples marrying in seattle were the first to pick up marriage licenses on thursday in the state. the state requires a three-day waiting period before the ceremonies. >>> a fireball streaking through th
john boehner and president obama meeting face to face at the white house yesterday. first time they've had direct talks in more than three weeks. with 22 days until we go over the cliff and congress set to go on holiday break on friday. neither side is discussing details of the talks. both agree the line of communication remain open. >>> no sign of a north korean rocket launch, yet. they announced a 13-day window for a possible long-range rocket launch. the window opens today. they...
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. >>> 11 other republican governors want to meet with president obama over the health care law. they want to talk about how to set up health exchanges on expanding the medicaid rolls. they've sent a letter to the white house asking for time with the president. >>> and senator scott brown said good-bye to his colleagues in the senate, but he hinted you have not seen the last of him when he said defeat is only temporary. >>> speaking of good-byes, senator joe lieberman made his farewell speech to his colleagues yesterday. and reflected how much has changed when he took office. he said when he started in the senate, a blackberry was a fruit and tweeting was am for the birds. and the senator had fun talking about his vice presidential run. >> thanks to vice president gore, i was given the opportunity to be the first jewish american nominated for a major political party for national office. and incidentally, thanks to the american people, grateful to have received 500,000 more votes than my opponent on the other side. but that's a longer story. i love 'em even more. i earn 1% cash ba
. >>> 11 other republican governors want to meet with president obama over the health care law. they want to talk about how to set up health exchanges on expanding the medicaid rolls. they've sent a letter to the white house asking for time with the president. >>> and senator scott brown said good-bye to his colleagues in the senate, but he hinted you have not seen the last of him when he said defeat is only temporary. >>> speaking of good-byes, senator joe lieberman...
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policymaking is done in the white house by the president. she gets to be the global ambassador at large for the united states. so neither of them is going to be making policy. barack obama is going to be making policy. >> thanks very much, fareed. appreciate it as also. this sunday, don't miss "tough decisions," a "fareed zakaria gps" special where he's going to talk to u.s. leaders about the tough decisions they had to make around the world. this sunday at 8:00 and 11:00 p.m. eastern on cnn. >>> our third story out front. post office in peril. tis the season to head to the post office. right? people, i know you think it's okay to send online greeting cards. it isn't. it always matters more. it's part of the scenery of the season. package presents. letters to santa. the postal service could be in danger. they're losing $25 million every day and running out of cash next year. the senate passed a bill to save in it april but the house has just days to get it done and about to die. out front tonight, john avalon. i made my point here. still ver
policymaking is done in the white house by the president. she gets to be the global ambassador at large for the united states. so neither of them is going to be making policy. barack obama is going to be making policy. >> thanks very much, fareed. appreciate it as also. this sunday, don't miss "tough decisions," a "fareed zakaria gps" special where he's going to talk to u.s. leaders about the tough decisions they had to make around the world. this sunday at 8:00 and...
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policy making is done in the white house by the president. she gets to be the global ambassador at large for the united states. so neither of them is going to be making policy. barack obama is going to be making policy. >> thanks very much, fareed. appreciate it as also. this sunday, don't miss tough decisions, a fareed zakaria gps special where he's going to talk to u.s. leaders about the tough decisions they had to make around the world. this sunday at 8:00 and 11:00 p.m. on cnn. >>> up next, the u.s. postal service, $20 million, that's how much they lose every single day. could this be the post office's last christmas? >>> and an elite navy s.e.a.l. was killed in afghanistan this weekend. the country will be visiting this week. tonight, i ask the chairman of the armed services committee about afghanistan's future. of t. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ame
policy making is done in the white house by the president. she gets to be the global ambassador at large for the united states. so neither of them is going to be making policy. barack obama is going to be making policy. >> thanks very much, fareed. appreciate it as also. this sunday, don't miss tough decisions, a fareed zakaria gps special where he's going to talk to u.s. leaders about the tough decisions they had to make around the world. this sunday at 8:00 and 11:00 p.m. on cnn....
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and president obama and boehner have spoken at this time. quote, we sent the white house a counteroffer that would achieve reform to solve our looming debt crisis and create more jobs. that's all we know. dana milbank, they say it's good. they said it will solve our problems. they won't say what it is. explain. >> well, look, we're still in the fairly early stage of posturing here, and nobody can strike a deal until they get closer to it, until their feet are to the fire. >> when do you say the fire begins? >> nobody can make any prediction for sure -- >> try. >> they could hammer this out in three hours if they really wanted to. >> that's right. >> but if they don't wait until the very end of december or even go over the cliff -- >> i think it's 21. i'm going to bet on -- what's your hunch about this, ron reagan? you're here -- i think they're going to try to get it done by christmas just for efficiency's sake and not to scare the horses. that's the thought i have. i may be conservative about this. >> yeah, i think you're right, they'd like
and president obama and boehner have spoken at this time. quote, we sent the white house a counteroffer that would achieve reform to solve our looming debt crisis and create more jobs. that's all we know. dana milbank, they say it's good. they said it will solve our problems. they won't say what it is. explain. >> well, look, we're still in the fairly early stage of posturing here, and nobody can strike a deal until they get closer to it, until their feet are to the fire. >> when do...
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white house insiders make clear that obama remains genuinely undecided on who to nominate for secretary of state, and understandably so given that how he picks could well set the philosophical tone for the next four years, whether he will be accommodating or whether he is going to use brick bats to deal with the republicans. what do you think? do you think the president wants to set a tone of conciliation for the second term or do you they he wants to stand and it fight? >> i do see a digging in of the heels over this, and it's unfortunate because i think that there could have been a much smarter debate over the secretary of state position. i mean, you could argue -- i think susan rice has many advantages, but you can also argue that there are some areas that she's weaker on. i think that that's a sensible debate to have. i think kerry would be a fine secretary of state. what i don't like is i do feel it's becoming an idealogical battle, and it's becoming a battle that has nothing to do with who is going to do a good job, and it's a very important position because this is a very importa
white house insiders make clear that obama remains genuinely undecided on who to nominate for secretary of state, and understandably so given that how he picks could well set the philosophical tone for the next four years, whether he will be accommodating or whether he is going to use brick bats to deal with the republicans. what do you think? do you think the president wants to set a tone of conciliation for the second term or do you they he wants to stand and it fight? >> i do see a...
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house speaker john boehner says he is still waiting for president obama to make his next counteroffer to the republican plan he rejected. >> we need a response from the white house. we can't sit here and negotiate with ourselves. >> reporter: the president and boehner spoke on the phone wednesday but republicans want more. >> we want to sit down with the. we want to talk specifics. >> reporter: whether the talks happen on the phone or in person, here on capitol hill or at the white house, there will be no deal without a compromise on taxes, something that does not appear likely any time soon. >> an obsession to raise taxes is not going to solve the problem. >> reporter: treasury secretary timothy geithner said the white house is absolutely willing to go over the fiscal cliff if the g.o.p. doesn't agree to raise taxes on the top 2% of earners. while a handful of republicans appears willing to concede that point, the party's position seems unchangeable. >> speaker boehner took a position i think the day aft campaign that said we're willing to bring in revenue but we're not willing to in
house speaker john boehner says he is still waiting for president obama to make his next counteroffer to the republican plan he rejected. >> we need a response from the white house. we can't sit here and negotiate with ourselves. >> reporter: the president and boehner spoke on the phone wednesday but republicans want more. >> we want to sit down with the. we want to talk specifics. >> reporter: whether the talks happen on the phone or in person, here on capitol hill or...
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president obama speaking in detroit a day after facing meeting with house speaker john boehner. fiscal give was discussed. any progress made? who knows. peter barnes hopefully does. what did they say? speak the president is finishing up a tour of a diesel plant in detroit, they will then head to the podium. extending the bush tax cuts are middle-class workers and let us bear for higher income workers. yesterday president and speaker john boehner met at the white house. a spokesperson says today discussions with the white house are taking place, but we have no detail to share about the substance of those conversations, but he did add republicans are waiting for spending cuts proposals from the president to get a deal on the fiscal cliff, but if you republicans now say that maybe the best strategy for them is to accept some higher tax rates the president is demanding, get that out of the way and then come back entitlement reform early next year before the president asked for an increase in the debt ceiling. republicans will have a little more leverage with that. >> there's a harde
president obama speaking in detroit a day after facing meeting with house speaker john boehner. fiscal give was discussed. any progress made? who knows. peter barnes hopefully does. what did they say? speak the president is finishing up a tour of a diesel plant in detroit, they will then head to the podium. extending the bush tax cuts are middle-class workers and let us bear for higher income workers. yesterday president and speaker john boehner met at the white house. a spokesperson says today...
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president obama now thinks he has the upper hand. according to the "washington post's" ezra klein, quote -- >> joining us now representative chris van hollen of maryland, ranking member of the house budget committee. great to have you on the program. >> great to be with you, alex. >> let's talk a little bit about 2011 versus 2012, which is to say, the republican party is a very different negotiating position than they were last year and as ezra outlines, it sounds like john boehner would probably readily accept the deal he had at one point with the president if it were happening today. >> well, a couple things. the exact revenue level that the president was pushing for back in 2011, was subject to some dispute. the president was looking for $1.2 trillion, speaker boehner looking for $800 billion, but you're absolutely right, alex. what republicans are trying to do today is recreate at least some of what they thought the agreement was before, but times have changed. in addition to the fact that it's not at all clear exactly what that
president obama now thinks he has the upper hand. according to the "washington post's" ezra klein, quote -- >> joining us now representative chris van hollen of maryland, ranking member of the house budget committee. great to have you on the program. >> great to be with you, alex. >> let's talk a little bit about 2011 versus 2012, which is to say, the republican party is a very different negotiating position than they were last year and as ezra outlines, it sounds...
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. >> woodruff: that downbeat assessment from house speaker john boehner came after he and president obama traded fresh offers this week. >> we spoke honestly and openly about the differences we face. but, the president's calling for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> woodruff: the president originally sought $1.6 trillion in revenue over 10 years, before lowering his target to $1.4 trillion. the money would come from raising rates on the top two percent of wage earners and curbing loopholes. boehner's counter was little changed-- $800 billion in revenues from closing loopholes and capping deductions, but no rate hikes. republicans have also demanded entitlement reform, and in a tuesday interview, the president would not rule out raising the medicare eligibility age by two years to 67. today, his white house spokesman, jay carney, summed up. >> he is willing to make tough choices and he has made clear and specified the spending cuts he is willing to make and he is willing to go further as part of a broader deficit reduction plan. but he will not ex
. >> woodruff: that downbeat assessment from house speaker john boehner came after he and president obama traded fresh offers this week. >> we spoke honestly and openly about the differences we face. but, the president's calling for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> woodruff: the president originally sought $1.6 trillion in revenue over 10 years, before lowering his target to $1.4 trillion. the money would come from raising rates on...
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more fiscal cliff talks between president obama and house speaker john boehner. what could this mean for the deadline as it approaches? the story, coming up. they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice reflection on us all. now through january 2nd. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. [ male announcer ] to l
more fiscal cliff talks between president obama and house speaker john boehner. what could this mean for the deadline as it approaches? the story, coming up. they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice reflection on us all. now through january 2nd. i have a...
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president obama marking that this evening at the white house. jay carney will hold his regular press briefing at 1:00 today. and i'll be there representing all of you. >> announcer: this is the "bill press show." [ ♪ theme ♪ ] >> bill: hey, good morning everybody! it is thursday, december 13. this is the "full court press." welcome to the program here on current tv coming to you live all the way across this great land of ours from our studio on capitol hill in washington, d.c. our nation's capital. with everything else going on here today president obama at the request of governors christie and cuomo president obama has asked congress for an extra $60 billion to help those two states, new york and new jersey, recover from the impact of hurricane sandy. but republicans in congress are balking. they're not buying it. they say there's no evidence there was that much damage from hurricane sandy. oh yeah? maybe they ought to talk to governor christie about that. we'll get into that and a whole lot more here. first we take time out to get the late
president obama marking that this evening at the white house. jay carney will hold his regular press briefing at 1:00 today. and i'll be there representing all of you. >> announcer: this is the "bill press show." [ ♪ theme ♪ ] >> bill: hey, good morning everybody! it is thursday, december 13. this is the "full court press." welcome to the program here on current tv coming to you live all the way across this great land of ours from our studio on capitol hill...
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we know president obama and house speaker john boehner had a one-on-one meeting, right, on sunday, their first since mid-november. what were the details from that meeting and from the ongoing discussions? they're not really -- both sides are not really being forthcoming with what the substance of those conversations, both sides yesterday, the white house and the republican leadership put out statements. they're essentially the same. i'll read just one from boehner's press secretary. discussions with the white house are taking place but we have no detail to share about the substance of those conversations. the republican offer made last week remains the republican offer and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people. so, of course, that coming from the republican side, the president obviously saying he's waiting for something, too, john. he's waiting for the republicans to identify the specific details of that $800 billion of revenue they're willing to offer. what are the specifi
we know president obama and house speaker john boehner had a one-on-one meeting, right, on sunday, their first since mid-november. what were the details from that meeting and from the ongoing discussions? they're not really -- both sides are not really being forthcoming with what the substance of those conversations, both sides yesterday, the white house and the republican leadership put out statements. they're essentially the same. i'll read just one from boehner's press secretary. discussions...
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the tea party was always stronger in the house. what will work for senator mcconnell was running for reelection now may not work for house republicans. even if there is an agreement between speaker boehner and president obama, it is not clear it will be acceptable. host: david is on the phone from york, pennsylvania, republican line, good morning. caller: i'm calling from arkansas, actually. i am an attorney and i've tried to watch the actions of this president. i take into consideration the books he read and he uses the philosophers who taught him as he grew up. i really believe that based on the way he is trying -- that based on the way he has been trained, i think the president wants to go over the cliff because that will achieve the things he was buried he wants to break up the republican party. he wants to break its back and then he also wants to go over the cliff because he wants to have a financial crisis because if you look at the study, that is the only way he can really achieve the type of social and fiscal non-responsibi
the tea party was always stronger in the house. what will work for senator mcconnell was running for reelection now may not work for house republicans. even if there is an agreement between speaker boehner and president obama, it is not clear it will be acceptable. host: david is on the phone from york, pennsylvania, republican line, good morning. caller: i'm calling from arkansas, actually. i am an attorney and i've tried to watch the actions of this president. i take into consideration the...
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"congress and the white house need to agree on a plan for taxes and spending." john boehner and president obama spoke on the phone yesterday, a day after the president offered to reduce his initial demand in higher tax revenue over a decade to $1.4 trillion. speaker boehner countered with another offer. and lawmakers were expressing pessimism that a deal was close leading kevin mccarthy to say, i think it is getting worse and not better. stock futures are higher as investors wait for news on whether the federal reserve will announce a new stimulus plan today. regulators have launched three rounds of quantitative easing since the crisis hit. ben bernanke will be held in news conference and you could hear live right here on c-span radio. those are some of the latest headlines on c-span radio. [video clip] >> the white house was very controversial. l'enfant designed washington city. there was a competition and he submitted the design for a palace. americans were not having a palace. it was not particularly awe- inspiring. in fact, in 1821, a european diplomat told
"congress and the white house need to agree on a plan for taxes and spending." john boehner and president obama spoke on the phone yesterday, a day after the president offered to reduce his initial demand in higher tax revenue over a decade to $1.4 trillion. speaker boehner countered with another offer. and lawmakers were expressing pessimism that a deal was close leading kevin mccarthy to say, i think it is getting worse and not better. stock futures are higher as investors wait for...
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. >> president obama draws a hard line on taxes. >> republican and the white house both have offers on the table on how to resolve the nation's fiscal cliff crisis. >> we wasted an enormous amount of time here, sparring back and forth in public. it's a good time to get serious. >> let's just go over the [ bleep ] cliff. because you know why? at least for a few seconds, it will feel like we're flying. >>> this morning, police are questioning a man in that deadly subway push. they say he has implicated himself in the crime. >>> duchess of cambridge is continuing to feel better. >> australian radio station was able to pose as the queen, get information on the phone about kate's health. >> want to see how her -- >> she is sleeping at the moment and she has had an uneventful night. >> mohamed morsi under siege after 100,000 protests in the streets. >>> l.a.'s mayor has announced an end to an eight-day strike at the largest port complex. >>> best man's friend is learning a new trick. how to drive a car. get off the road. >> three, two, one. >> god bless us, every one. >>> nine weeks, officia
. >> president obama draws a hard line on taxes. >> republican and the white house both have offers on the table on how to resolve the nation's fiscal cliff crisis. >> we wasted an enormous amount of time here, sparring back and forth in public. it's a good time to get serious. >> let's just go over the [ bleep ] cliff. because you know why? at least for a few seconds, it will feel like we're flying. >>> this morning, police are questioning a man in that deadly...
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speaker boehner discussing the issue from the house floor. the first time he's commented publicly after meeting with president obama sunday. let's listen. >>> right flonow the american people have to be wondering when is the president going to get serious. i yield back. >> the chair recognizes the gentlemen from pennsylvania mr. altmire, for five minutes. >> i rise to recognize victor decarlo for receiving the -- >> we have been listening to the house speaker talking about negotiations taking place with the president obviously, a lot of people watching closely, trying to avoid the fiscal cliff which would mean tax hikes for almost all americans but also severe cuts as well. they are debating that publicly as well as privately. i want to talk more about the rebel group that we had mention before in syria, that is now designated a new terrorist organization, cnn's hala gorani joining us atlanta. hala, first of all, you've got the syrian rebels, they're there fighting al assad's government. now the u.s. government, state department, steps in and
speaker boehner discussing the issue from the house floor. the first time he's commented publicly after meeting with president obama sunday. let's listen. >>> right flonow the american people have to be wondering when is the president going to get serious. i yield back. >> the chair recognizes the gentlemen from pennsylvania mr. altmire, for five minutes. >> i rise to recognize victor decarlo for receiving the -- >> we have been listening to the house speaker talking...
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Dec 13, 2012
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the white house, president obama saying that the income tax rate for earnings over a quarter million dollars must go up. republicans saying no and accusing the president of not being specific about spending cuts and entitlement reforms, reform medicare, medicaid and social security. >> so let me ask you a question about this report that we're hearing that the obama administration might be looking at a republican to succeed the defense secretary, leon panetta. who is on that list at this point? >> reporter: yeah, that's right. this is former nebraska senator chuck hagel, a republican. so this is pretty interesting. we know, according to sources knowledgeable of the situation, that president obama and vice president joe biden have met with hagel and he's, of course, is someone who's familiar to the president. yes, he's a republican but some republican mace take issue with this nomination because in 2008 he actually sort of switched sides, if you will, a little bit and endorsed president obama. he also traveled with him to iraq and afghanistan. so they have that relationship as well as
the white house, president obama saying that the income tax rate for earnings over a quarter million dollars must go up. republicans saying no and accusing the president of not being specific about spending cuts and entitlement reforms, reform medicare, medicaid and social security. >> so let me ask you a question about this report that we're hearing that the obama administration might be looking at a republican to succeed the defense secretary, leon panetta. who is on that list at this...